If you imagine that everything is an exchange, then we're supposed to just transact and walk away. If we haven't walked away and we still have a relationship, it's because there's a debt.
David GraeberThe example of Russia reminds us that keeping up that enormous dead weight of the security apparatus required to enforce the ideological conformity to preempt anything that looks like an alternative or a social movement is destroying capitalism.
David GraeberIt affects every aspect of our lives, is often said to be the root of all evil, and the analysis of the world that it makes possible - what we call 'the economy' - is so important to us that economists have become the high priests of our society. Yet, oddly, there is absolutely no consensus among economists about what money really is.
David GraeberAdam Smith actually took all his best ideas and lines from sources from medieval Persia. But one thing he doesn't take is the underlying assumption they have that the basis of a market is mutual aid.
David GraeberThere are markets extending from Mali, Indonesia, way outside the purview of any one government which operated under civil laws, so contracts weren't, except on trust. So they have this free market ideology the moment they have markets operating outside the purview of the states, as prior to that markets had really mainly existed as a side effect of military operations.
David GraeberWhat about precarious labor? It's actually not the most efficient form of labor at all. They were much more efficient when they had loyalty to their workers and people were allowed to be creative and contribute - you know that what precarious labor does is that it's the best weapon ever made to depoliticize labor. They're always putting the political in front of the economic.
David Graeber